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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Cambium Networks Corporation - Ordinary Shares (NASDAQ:CMBM)
Crossroads (+60) - CMBM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CMBM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMBM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CMBM
The long-term trend has been DOWN since Mar 13th, 2023 at 18.605
The intermediate-term trend has been UP since May 8th, 2024 at 4.290
The short-term trend has been UP since Apr 29th, 2024 at 3.580
Smart Scan Analysis for CMBM
Based on our trend formula, CMBM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.00 | 4.43 | 4.00 | 4.13 | +0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.05 | 105581 | 2024-05-08 15:59:45 |
| 52wk High | 18.09 | 52wk High Date | 2023-06-07 |
| 52wk Low | 2.925 | 52wk Low Date | 2024-04-22 |
| Average Volume | 117,014 | Shares Outstanding | 27,859 |
| Market Cap | 256M | Assets | 217,875,000M |
| Liabilities | 136,941,000M | P/E Ratio | 5.6933 |